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Business, 22.12.2020 02:40 FailingstudentXD

Two firms sell 100% orange juice in 10 ounce bottles. The juice is only good for one week. The two firms have contracts for all the oranges produced in a large geographic area. Each firm decides how many bottles of juice to produce at the same time. This market is best described with a:. A) Bertrand model.
B) Stackelberg model.
C) monopolistic competition model.
D) Cournot model.

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